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Shah Faisal Afridi

Open economic system is considered as the stimulus factor behind Chinese economic growth

  By 2030, China’s economy could be 30 percent larger than that of US. China’s share of global GDP on Purchasing-Power-Parity (PPP) basis rose from 3.7 percent in 1990 to 14.3 percent in 2011 and rose to 16.06 percent this year. During the past 30 years, China’s economy has changed from a centrally planned system that was largely closed to international trade to a more market-oriented that has a rapidly …

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Pakistan played an eye catching smart role amidst the muslim world in defusing situation between Iran-Saudi Arabia

  Pakistan and Iran being close neighbors can supplement each other in achieving economic goals Over $10bn trade potential exists between the two nations Interview with Mehdi Sobhani, Consul General of Islamic Republic of Iran Discussing the economic relations between Iran and Pakistan, Mehdi Sobhani said in an interview that sanctions caused a decline of two way trade between Iran and Pakistan from $1 billion to $200 million, but after …

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Industrial symbiosis — An eco-friendly realm

  How a miraculous eco-transformation came into existence in China? This is a frequently asked question. In fact China promoted industrial development through the concept of eco-friendly industrial symbiosis. In symbiotic industrial collaboration there is a physical exchange of materials and by-products, as well as shared management of infrastructure for water, energy and waste. To achieve industrial symbiosis China has implemented Eco-Industrial Park (EIP) initiatives as a mainstream strategy of …

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